1 day ago
The repayment occurred days aft KiloEx offered the hacker a $750,000 "white hat" hacker bounty if they returned 90% of the stolen value.
The hacker down the $7.5 cardinal KiloEx exploit returned $5.5 cardinal worthy of cryptocurrency 4 days aft the attack.
Decentralized speech (DEX) KiloEx suspended level operations aft suffering a $7.5 cardinal exploit, Cointelegraph reported connected April 15.
In a astonishing crook of events, the wallet code down the exploit has returned $5.5 cardinal worthy of cryptocurrency to the DEX.
KiloEX exploiter returns $5.5m. Source: PeckShieldAlert“#KiloEx exploiter -labeled addresses person returned ~$5.5M worthy of cryptos to #KiloEx,” according to an April 18 X station from blockchain information level PeckShieldAlert.
Related: Mantra OM token clang exposes ‘critical’ liquidity issues successful crypto
The unexpected repayment occurred aft KiloEx offered the hacker a $750,000 “white hat” bounty — 10% of the stolen magnitude — if they returned 90% of the looted assets.
The level said it was moving with instrumentality enforcement and cybersecurity firms, including Seal-911, SlowMist and Sherlock, to uncover much astir the hacker’s enactment and identity.
The archetypal onslaught whitethorn person been caused owed to a “price oracle issue,” wherever the accusation utilized by a astute declaration to find the terms of an asset is manipulated oregon inaccurate, starring to the exploit, PeckShield said successful an April 14 X post.
Related: Top 100 DeFi Hacks: Offchain onslaught vectors relationship for 57% of losses
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
English (US) 